-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, AC2Ali606Rd1FPmYD0gWEJPx1fl1BKfEGs4BNdZ5jl/Tajc8Pv0S/7Lvj11//euB eibF53k6r8cuOaW1sG1T+w== 0000950137-04-000163.txt : 20040114 0000950137-04-000163.hdr.sgml : 20040114 20040114164046 ACCESSION NUMBER: 0000950137-04-000163 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040114 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20040114 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ARLINGTON HOSPITALITY INC CENTRAL INDEX KEY: 0000778423 STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011] IRS NUMBER: 363312434 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-15291 FILM NUMBER: 04525299 BUSINESS ADDRESS: STREET 1: 2355 SOUTH ARLINGTON HEIGHTS ROAD STREET 2: SUITE 400 CITY: ARLINGTON HEIGHTS STATE: IL ZIP: 60005 BUSINESS PHONE: 8472285400 MAIL ADDRESS: STREET 1: 2355 SOUTH ARLINGTON HEIGHTS ROAD STREET 2: SUITE 400 CITY: ARLINGTON HEIGHTS STATE: IL ZIP: 60005 FORMER COMPANY: FORMER CONFORMED NAME: AMERIHOST PROPERTIES INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: AMERICA POP INC DATE OF NAME CHANGE: 19871111 8-K 1 c82095e8vk.txt CURRENT REPORT SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) January 14, 2004 Arlington Hospitality, Inc. - -------------------------------------------------------------------------------- (Exact Name of Registrant as Specified in Its Charter) Delaware - -------------------------------------------------------------------------------- (State or Other Jurisdiction of Incorporation) 0-15291 36-3312434 ------------------------ ------------------------------------ (Commission File Number) (IRS Employer Identification Number) 2355 South Arlington Heights Road, Suite 400, Arlington Heights, Illinois 60005 - ----------------------------------------------- ---------- (Address of principal executive offices) (Zip Code) Registrant's Telephone Number, Including Area Code (847) 228-5400 N/A - -------------------------------------------------------------------------------- (Former Name or Former Address, if Changed Since Last Report) ITEM 5. OTHER EVENTS AND REGULATION FD DISCLOSURE. On January 14, 2004, Arlington Hospitality, Inc. (the "Company") issued a press release announcing December 2003 operating results and recent hotel development and sales activity. A copy of the Company's press release is attached to this current report on Form 8-K as Exhibit 99.1. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. (C) EXHIBITS 99.1 Press Release of Arlington Hospitality, Inc. dated January 14, 2004 Announcing December 2003 Operating Results and Recent Hotel Development and Sales Activity. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. DATE: January 14, 2004 Arlington Hospitality, Inc. (Registrant) By: /s/ James B. Dale ----------------------------------- James B. Dale Senior Vice President and Chief Financial Officer EX-99.1 3 c82095exv99w1.txt PRESS RELEASE [ARLINGTON HOSPITALITY, INC. LOGO] ARLINGTON HOSPITALITY, INC. 2355 South Arlington Heights Road - Suite 400 - Arlington Heights, IL 60005 847-228-5400 Fax: 847-228-5409 www.arlingtonhospitality.com For Immediate Release CONTACT: MEDIA CONTACT: James B. Dale, Chief Financial Officer Jerry Daly or Carol McCune 847-228-5401 x 361 703-435-6293 jimdale@arlingtonhospitality.com jerry@dalygray.com ARLINGTON HOSPITALITY, INC. ANNOUNCES DECEMBER 2003 OPERATING RESULTS, UPDATED SALES/DEVELOPMENT ACTIVITY ARLINGTON HEIGHTS, Ill., January 14, 2004--Arlington Hospitality, Inc. (Nasdaq/NM: HOST), a hotel development and management company, today announced December 2003 same-room operating results for the AmeriHost Inn hotels in which the company had an ownership interest. The December 2003 same-room results include 54 AmeriHost Inn hotels which have been open for at least 13 months. Same-room revenue per available room (RevPAR) in December 2003 increased 3.0 percent to $24.20, compared to December 2002. Occupancy increased 2.1 percent to 44.2 percent, and average daily rate (ADR) increased 1.0 percent to $54.70.
One Month Three Months Twelve Months Ended Ended Ended December 31 December 31 December 31 ----------- ----------- ----------- Occupancy - 2003 44.2% 51.5% 56.7% Occupancy - 2002 43.3% 51.1% 56.7% Increase (decrease) 2.1% 0.8% 0.0% Average Daily Rate - 2003 $54.70 $56.49 $57.15 Average Daily Rate - 2002 $54.18 $56.15 $57.25 Increase (decrease) 1.0% 0.6% (0.2%) RevPAR - 2003 $24.20 $29.08 $32.40 RevPAR - 2002 $23.47 $28.71 $32.48 Increase (decrease) 3.0% 1.2% (0.3%)
- more - Arlington Hospitality Page 2 According to Smith Travel Research, preliminary results for December 2003 indicate that RevPAR for the midscale without food and beverage segment of the lodging industry will increase between 3 percent and 5 percent, compared to December 2002. SALES/DEVELOPMENT ACTIVITY The company has not sold any hotels since its last sales/development update issued December 19. Currently, the company has four hotels under contract for sale, which are expected to be consummated within the next six months. When the company has hotels under contract for sale, even with nonrefundable cash deposits in certain cases, certain conditions to closing remain, and there can be no assurance that these sales will be consummated as anticipated. For more information regarding Arlington's hotels for sale and development opportunities either on a joint venture or turnkey basis, contact Stephen Miller, Senior Vice President - Real Estate and Business Development via email at stevem@arlingtonhospitality.com, or by telephone at (847) 228-5401, ext. 312. ABOUT ARLINGTON HOSPITALITY Arlington Hospitality, Inc. is a hotel development and management company that builds, operates and sells mid-market hotels. Arlington is the nation's largest owner and franchisee of AmeriHost Inn hotels, a 103-property mid-market, limited-service hotel brand owned and presently franchised in 22 states and Canada by Cendant Corporation (NYSE: CD). Currently, Arlington Hospitality, Inc. owns or manages 64 properties in 17 states, including 57 AmeriHost Inn hotels, for a total of 4,655 rooms, with additional AmeriHost Inn & Suites hotels under development. - more - Arlington Hospitality Page 3 This press release may contain forward-looking statements. Forward-looking statements are statements that are not historical, including statements regarding management's intentions, beliefs, expectations, representations, plans or predictions of the future, and are typically identified by words such as "believe," "expect," "anticipate," "intend," "estimate," "may," "will," "should," and "could." There are numerous risks and uncertainties that could cause actual results to differ materially from those set forth in the forward-looking statements. For a discussion of these factors, see the Company's report on Form 10-Q for the quarter ended September 30, 2003 under the section headed "Management's Discussion and Analysis of Financial Condition and Results of Operations-Factors Affecting Future Performance." -----END PRIVACY-ENHANCED MESSAGE-----